Although Winter has arrived in Charleston, Spring weather is on the horizon. We are lucky to live in a warm climate where the Winters are mild and short. In the Winter edition of the Luxury Insider, review the 2022 Real Estate Forecast, take a peek at some of the most luxurious properties on the market, and help us celebrate a record 2021 and a great start to 2022 at William Means.
2022 Forecast. After a record 2021, we now turn our focus to 2022. Sales Director Drew Grossklaus discusses the outlook for the real estate market for the coming year. This year’s forecast shares many themes from last year, including high demand and low inventory. The supply constraints for Charleston homes have reached unprecedented figures. We know that 2022 will offer more of the same obstacles, and by all metrics it could prove to be even more difficult. We remain ready to represent our clients in the sale and purchase of their next Charleston home.
The Start to a New Year. 2022 is off to a great start already. We kicked off the new year with the $7.5 Million sale of Hoopstick Island on Johns Island. The 55-acre private island offers the opportunity for ten luxury homes on deep-water estate lots and is situated just 25 minutes from downtown Charleston. We are excited to see what the rest of the year holds.
William Means Closes 2021 As Top Charleston Firm. We are proud to announce that 2021 was the best in our company’s 88-year history with nearly $420 Million in overall sales, a 35% increase over 2020. William Means recorded a $1.1 Million average sales price, out-ranking 18 other Charleston companies for this first-place title for any company with $325 Million or more in sales. In addition to these record sales numbers, our firm proudly represented buyers and sellers all around the Charleston area, from South of Broad, Sullivan’s Island, Kiawah Island, Mount Pleasant and more.
Explore the Winter edition of the William Means Luxury Insider here.
